Marvell Technology Group is trading at $228.15 (-3.25%) in pre-market following a sharp pullback from recent AI-driven gains and a broader semiconductor sector selloff.
- The decline follows a 3.07% drop on July 10, as investors lock in profits amid heightened volatility in chip stocks.
- Broader tech sentiment remains weak, with the Nasdaq Composite down 1.03% as semiconductor stocks face sustained downward pressure.